Strait of Hormuz move
President Donald Trump ordered a naval move targeting Iran‑linked shipping in the Strait of Hormuz, and oil prices rose above $103 a barrel on the announcement. (asianmirror.us) He also threatened 50% tariffs on any country found supplying weapons to Iran and explicitly named China as a potential target, tying trade penalties to security actions. (newsdirectory3.com) Commentary highlighted risks that the episode could extend to critical‑minerals and supply‑chain leverage concerns. (indiatoday.in)